Apartments in Mercer Island

1 - 12 of 12 Results
26
3D Tour
$2,029 - 3,864
Deal
2441 76th Avenue Se Mercer Island, WA
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
1
$5,245
7711 SE 39th St Mercer Island, WA
4 BR | Available Now
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Cat Friendly
House
Mercer Heights
4
$2,325 - 3,150
2805 75th Pl SE Mercer Island, WA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
1
$2,250 - 2,500
2717 76th Ave SE Mercer Island, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,650
3059 Island Crest Way Mercer Island, WA
2 BR | Available Now
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Cat Friendly
1
$2,200 - 2,250
3011 78th Ave SE Mercer Island, WA
1 BR | Available Now
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21
$5,800
2744 68Th Ave Mercer Island, WA
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
38
$4,995
6763 80th Ave SE Mercer Island, WA
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
10
$2,150
3043 Island Crest Way Mercer Island, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
34
$7,500
7425 81St Pl Mercer Island, WA
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$3,800
2955 72nd Ave SE Mercer Island, WA
3 BR | Available Now
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House
Dishwasher
0
$5,500
4453 E Mercer Way Mercer Island, WA
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
East Seattle
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How much does it cost to rent an apartment in Mercer Island?

Mercer Island Apartments
Bed Type Average Rent Range
Studio $2,030 $2,030 - $2,030
1BR $2,250 $2,190 - $2,330
2BR $2,700 $1,730 - $3,770
3BR $5,000 $3,800 - $5,800
4+BR $6,370 $5,250 - $7,500

Neighborhoods

Search Cities Near Mercer Island, WA

Mercer Island:
February Rent Report

Welcome to the February 2025 Mercer Island Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2025 key findings and figures for the Mercer Island rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Mercer Island and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Mercer Island average rent prices in the chart below.

Monthly Rent Report

$3,050
$2,290
$1,530
$760
$0
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
1 BR       2 BR

Mercer Island Rent Prices Decrease From January to February

Mercer Island rent prices decreased over the last month. From January to February, the city experienced a -0.66% decrease for the price of a one-bedroom apartment. The rent price for a Mercer Island one-bedroom apartments currently stands at $2,250.0.

When we take a look at the two-bedroom comparison from January to February, Mercer Island experienced a -1.69% decrease for the price of a two-bedroom apartment. The rent price for a Mercer Island two-bedroom apartments currently stands at $2,901.0.

February Prices: Mercer Island vs. Surrounding Areas

Rent Prices in Mercer Island and Surrounding Areas

Rent prices have decreased in Mercer Island over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Mercer Island suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Mercer Island suburbs

  • Rents did not decrease in any of the Mercer Island suburbs.

February 2025 Pricing Trends: Mercer Island vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,052
$3,132
$2,386
$2,333
$1,902
$1,262
$1,246
$1,207
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Mercer Island Rent Prices More Affordable Than Major Cities

Rent growth in Mercer Island over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Mercer Island average rent prices appear to be relatively affordable for local residents.

The price for a Mercer Island one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Mercer Island and surrounding area rent prices, take a look at the complete data set below.

Data set for Mercer Island and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.